Why do people panic and sell their bitcoin when it falls in value?

[doc]

A person's intelligence in investing is not only choosing the right coin at the right time to buy it, but intelligence that manages emotions when there is bad news without panic. so that there is no panic selling.

As you have said, investing requires being able to control your emotions well because if you want to invest in cryptocurrency, you must already know the risks involved, of course you have to use money that will not be used in the near future so that it won't make you too stressed seeing price movements.

Investing requires understanding the risks, as you said we have to use money that will not be used in the near future. why panic when the price of bitcoin goes down, it could be because he invests with money from debt and it could be that he has no experience in the world of crypto.

[bayu7adi]

Investing requires understanding the risks, as you said we have to use money that will not be used in the near future. why panic when the price of bitcoin goes down, it could be because he invests with money from debt and it could be that he has no experience in the world of crypto.

Panic can also arise when someone is afraid of the bearish Bitcoin price and doesn't want to incur further losses. When bearish trends hit, many people start to panic because they can't predict where the BTC price will end up. Those with weak hands and improper money allocation will quickly sell their assets to avoid major losses.

Instances like this are often found among new investors who haven't fully grasped investment concepts and strategies. They solely focus on profits and green candlesticks, whereas during bearish markets, there are other opportunities to increase wealth through buybacks and DCA..

[Aanuoluwatofunmi]

If we can understand well on how to speculate the market, the moment we sense that the market is going dip from the signal received, we will quickly try to cut the loss and hold till it got to the least bear and then we pick it up from there again, this is part of the strategies in which the trader make use of to cut their loss and also buy the dip, most especially the short time trades in cryptocurrency.

[Cryptsafe]

Investing requires understanding the risks, as you said we have to use money that will not be used in the near future. why panic when the price of bitcoin goes down, it could be because he invests with money from debt and it could be that he has no experience in the world of crypto.

Panic can also arise when someone is afraid of the bearish Bitcoin price and doesn't want to incur further losses. When bearish trends hit, many people start to panic because they can't predict where the BTC price will end up. Those with weak hands and improper money allocation will quickly sell their assets to avoid major losses.

Instances like this are often found among new investors who haven't fully grasped investment concepts and strategies. They solely focus on profits and green candlesticks, whereas during bearish markets, there are other opportunities to increase wealth through buybacks and DCA..

Sometimes, fud and fomo can trigger fear and panic in the Crypto space. When rumour mongers and influencers who does not really give a damn taught about anything wants to manipulate the market in their favour, they just go on air to voice out things that could steer up panic and make weak hands to hurriedly sell their assets thinking what they heard would take effect but the reverse sometimes is the case as they succeeded in manipulating the weak hands and these weak hands are newbies in the industry who doesn't know their way through.

[Google+]

Investing requires understanding the risks, as you said we have to use money that will not be used in the near future. why panic when the price of bitcoin goes down, it could be because he invests with money from debt and it could be that he has no experience in the world of crypto.

I agree with what you say, therefore investment must be aware of the risk of hanging, the asset can fall to its base price without your knowledge, you must know and pay attention that Bitcoin has no guarantee of increasing the price.

[Primo1760]

why do people panic and sell their coins throw some light on this topic and share your opinion

Not all people panic when the market drops after investing in Bitcoin. People who don't have enough experience with the Bitcoin market are afraid to invest a small amount and think that they will lose more if they learn less. But the real investors here never panic about their investment when the bitcoin market goes down because they have enough experience about bitcoin and the bitcoin market and how the positions can be created in the market. I myself once used to panic when the Bitcoin market went down, but now that I have enough experience here, I never feel panicked when the market goes down.

[dekafee79]

why do people panic and sell their coins throw some light on this topic and share your opinion

Not all people panic when the market drops after investing in Bitcoin. People who don't have enough experience with the Bitcoin market are afraid to invest a small amount and think that they will lose more if they learn less. But the real investors here never panic about their investment when the bitcoin market goes down because they have enough experience about bitcoin and the bitcoin market and how the positions can be created in the market. I myself once used to panic when the Bitcoin market went down, but now that I have enough experience here, I never feel panicked when the market goes down.

Yes, experience will make someone calmer when the market drops, so we need time to become more experienced and gain sufficient knowledge about a coin, market characteristics, etc. They panic because they don't understand the volatile nature of bitcoin

[NikeFit_7777]

Not only human feeling, If they are newbie who lack the experience when hear the word " fall" they will be panic. Panic selling will make us lost alot. Invest in crypto need knowledge and experience. It I feel at the beginning I invested in crypto, when fall I taught I will lost. But several my friends suggest keep calm and hold.

+ Few have forgotten for the mass media. Their importance, too, is not insignificant. Have you ever wondered why, when BTC falls by (-5-10%), negative news is instantly released? All this is interconnected. Those who don't understand or don't (realize) = sell/panic/don't know what to do with the asset. Subsequently, over the long haul = they lose everything they bought.

P.S. So think three times before you do anything with your capital. You can always sell, but buying (at such a favorable price) is, alas, not always possible. And for those who are (relatively new to the market) - my advice is to stay away from assets. Watch from the sidelines, it is safer. 

[kulkhan]

why do people panic and sell their coins throw some light on this topic and share your opinion

Actually Some people do this not all people. We saw some people panic and sell their coins i think they are newest in crypto. When market gose down then new members of crypto were panic and they sell their coins.

On the otherhand whales and big investors buy coin in deep. They know characteristics of cryptocurrency market. And they buy more and more coin. They never be panic and comparative new comers in cryptocurrency market were panic when market were down.

[bounceback]

Some people panic and sell their bitcoin assets investment when price drop because they are scaring with bitcoin price potential more dropping than current price, seems normally for the beginner and some one in trading scared with their bitcoin assets values decreasing more and sell their bitcoin before more dropping price.
Need to be more patience in bitcoin investment, I don't think easily to earn much profit if still scare and get panic selling when bitcoin price fall in values, many time bitcoin success recovery and return back to the higher price why have to panic for selling bitcoin if price dump.

[Google+]

On the otherhand whales and big investors buy coin in deep. They know characteristics of cryptocurrency market. And they buy more and more coin. They never be panic and comparative new comers in cryptocurrency market were panic when market were down.

Usually, when they panic when they see cryptocurrency price movements collapsing, they are traders who are still just learning, and of course, sometimes traders like that are also traders who use capital that is not free, meaning that the money will probably be used soon, making them panic when the price collapses, even though the cryptocurrency when the price collapses can still be saved and they can wait until the price recovers again, as is happening now.

[therozaq]

On the otherhand whales and big investors buy coin in deep. They know characteristics of cryptocurrency market. And they buy more and more coin. They never be panic and comparative new comers in cryptocurrency market were panic when market were down.

Usually, when they panic when they see cryptocurrency price movements collapsing, they are traders who are still just learning, and of course, sometimes traders like that are also traders who use capital that is not free, meaning that the money will probably be used soon, making them panic when the price collapses, even though the cryptocurrency when the price collapses can still be saved and they can wait until the price recovers again, as is happening now.

You are right, newbies will panic when they see prices go down, that takes a long time to learn.  Because experience, knowledge and skills as well as accurate analysis are really needed by a trader.  Especially those who don't use cold money or the money will soon be used up, he will be more panicked.  You need cold money and experience if you want to become a professional trader.

[bitterguy28]

If we can understand well on how to speculate the market, the moment we sense that the market is going dip from the signal received, we will quickly try to cut the loss and hold till it got to the least bear and then we pick it up from there again, this is part of the strategies in which the trader make use of to cut their loss and also buy the dip, most especially the short time trades in cryptocurrency.

actually sometimes it is not Cutting losses but Buying low selling high , if we believe that dumping is coming then best to sell your funds and wait for the price to drops down again and purchase more and more.

Some people panic and sell their bitcoin assets investment when price drop because they are scaring with bitcoin price potential more dropping than current price, seems normally for the beginner and some one in trading scared with their bitcoin assets values decreasing more and sell their bitcoin before more dropping price.
Need to be more patience in bitcoin investment, I don't think easily to earn much profit if still scare and get panic selling when bitcoin price fall in values, many time bitcoin success recovery and return back to the higher price why have to panic for selling bitcoin if price dump.

let them feel the scare because they are the one who does not understand what they are investing and does not know what are their future in crypto so they are afraid of losing even a cent.

[ajiz138]

You are right, newbies will panic when they see prices go down, that takes a long time to learn.  Because experience, knowledge and skills as well as accurate analysis are really needed by a trader.  Especially those who don't use cold money or the money will soon be used up, he will be more panicked.  You need cold money and experience if you want to become a professional trader.

Yes, we need enough experience and knowledge to make us more calm when we see a price drop or correction. New people entering this space will certainly panic and it is very natural because maybe they have not experienced the same thing before or their knowledge is not extensive, and it can be learned over time.

You are also right, cold money or money that is not used for other needs is one of the keys to making us calmer in holding bitcoin for a long time, it is very influential.

[yohananaomi]

Yes, we need enough experience and knowledge to make us more calm when we see a price drop or correction. New people entering this space will certainly panic and it is very natural because maybe they have not experienced the same thing before or their knowledge is not extensive, and it can be learned over time.

You are also right, cold money or money that is not used for other needs is one of the keys to making us calmer in holding bitcoin for a long time, it is very influential.

We cannot deny that experience in crypto and knowledge that continues to be honed to better understand will provide the ability to be more patient in seeing situations that are likely to quickly change, improve or be corrected. Panic is a human thing that anyone can experience, but again, I agree with you because it usually happens because someone has never experienced it, so it is necessary to continue to hone your knowledge and learn continuously.
That's right, make investments or whatever if you can use funds that are not connected to calculated needs, because if you experience a loss it won't be involved in your daily life, and won't cause more panic and wrong steps in anticipation.